Yesterday I wrote in my blog
What's Next ?
- First big test for Bears is 8400$ level and after that the 8100$ level
To be honest I didn't expect everything to happen that fast. Obviously the twitter and LitePay news had a big impact on the general crypto holder. Another thing is that the equity market rebounded extremely aggressive from the 200 EMA today. One of the theories I am thinking that institutional money may prefer to buy the dip in stocks rather than in Bitcoin and who can blame them. If they made 100-500% return on their investment they will receive fat checks and fees ! ( That is only a conspirative theory)
We are in a very interesting territory now. I still believe that Bitcoin is dictating the general market at the moment and people are selling their holdings for no good reason, but that is the perfect opportunity for people, who really know their projects. I will be watching the 7880$ level very closely - if we break it, this will be our next resistance level and the path down is very steep.
KEEP AN EYE ON YOUR FAVOURITE PROJECTS
That might be a one-time opportunity for these prices ! Make a clear plan with your buy points and DON'T buy everything at one price ! Distribute your orders and be patient :) I personally keep a very close eye on :
STEEM
ADA
EOS
QSP
BTS
ICX
NEO
BNB
SBD
Which projects do you follow closely and would like to buy and at what prices ? Share with us in the comments :P
